Five Rivers International Ltd

Five Rivers International Ltd, based in London, UK, is a small, active company founded 19 years ago. Despite being active, confirmation is overdue by two months, and the company employs just one person. With £17,506 in assets and a real address at 3 Burroughs Parade, it's a compact operation managed by a single director and owner. The business regularly imports various textile products, sets, used clothing, and rags – the last import activity was recorded three months ago.

The company’s website reveals a fascinating dual nature. While officially registered as a wholesale and retail business, it operates as PT. Five Rivers International Indonesia, specializing in the export of agricultural products like Damar Batu, Gum Benzoin, Tamarind, and various brooms. The website showcases a wide range of products sourced directly from Indonesian farmers, emphasizing quality assurance and strict guidelines throughout the process. It seems the UK entity acts as an import and distribution arm for the Indonesian agricultural business.

Financially, Five Rivers International Ltd presents a mixed picture. Cash reserves have increased significantly by 560%, reaching £2,500, which is a positive sign. However, net assets have declined by 7.3% to -£210,000, and liabilities have increased, particularly with creditors up 13%. Bank borrowings are down 16%, which is good, but the significant increase in other creditors (20%) suggests potential cash flow pressures. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the declining equity is a concern. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It appears Five Rivers International Ltd is navigating a challenging period. The Indonesian agricultural business seems to be the core operation, while the UK entity is facing financial strain. Whether the two can sustain each other remains to be seen, but the company's focus on quality and direct sourcing may provide a competitive edge.

Registered in England/Wales under the registration number 05707757, with a registered address at NW4 4BD, London, 3 Burroughs Parade.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.